Overview
- XRP slipped to about $2.12 and recently traded near $2.13, marking its lowest level in six weeks.
- Multiple spot XRP ETFs are rolling out between Nov. 13 and Nov. 25 from issuers including Franklin Templeton and Bitwise.
- Canary Capital’s spot XRP ETF recorded $58 million in first-day volume on Nov. 13, signaling early interest despite price pressure.
- Trading metrics are mixed, with one report citing a drop in daily volume to $4.77 billion and another noting a surge to $7.27 billion.
- Santiment reports the share of XRP supply in profit has fallen to 58.5%, raising the risk that underwater holders sell into rebounds.